StockWatch
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Industrial Products
Sale12 Aug 2026, 10:00 pm

Precision Electronics Sells Noida Land and Building

AI Summary

Precision Electronics Ltd announced the approval by its Board of Directors for the sale/disposal of its Noida land and building located at Plot No. 10 & 11, Block-D, Sector-3, Noida. The property measures approximately 4,732.23 square meters and requires shareholder approval via Special Resolution. The Board also approved the unaudited financial results for the quarter ended June 30, 2026, and changed its reportable operating segment from 'Telecom' to 'Defence'. Key managerial personnel have been authorized to disclose material events.

Key Highlights

  • Board approves sale of Noida land and building.
  • Shareholder approval needed for property disposal.
  • Company reclassifies 'Defence' as its primary segment.
  • Unaudited financial results for Q1 FY27 approved.
  • Trading window closed for designated persons until August 15, 2026.